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Tourism and the Condo/Villa Residency Market on the North Coast Just Got a Huge Boost:

Talk about big news for Cabarete, Sosua, and Puerto Plata, Carnival Cruise Lines in mid-August inked a deal that will significantly enhance the visibility of the “Part Time Residency” tsunami that in recent years has attracted such an interesting mix of expats from Canada, The United States, and Europe. Long known as a favorite destination to enjoy the year round wind sports such as kite boarding and wind surfing, the north coast (Cabarete and Sosua) has for years steadily identified itself as a premier real estate value for retirees and vacation home buyers who want to spend a few months in the tropics out of the cold weather in their home countries.

Tourism minister Francisco Javier Garcia announced that the new cruise ship port would be open before the end of 2014, less than a three year window. Carnival Cruise lines plans a $65 million dollar (US) two-berth port facility in the Bay of Maimon just minutes west of Puerto Plata and only five minutes from the Ocean World tourist attraction that has become one of the best Dolphinarium facilities in the world. This area also has a modern boat marina as well as Las Vegas style hotel/show/restaurant.

Gloria Israel, Carnival’s VP of Port Development said Dufry (duty free shops) would be a joint developer partner. Though financed entirely by the Carnival/Dufry group, port executives anticipate non-Carnival controlled ships utilizing the facility as well further increasing familiarity with this important Dominican residency/tourism market increasingly being sought out my North Americans looking to escape the grind.

Dredging of a cruise ship channel into the bay will precede construction and land purchases have recently been completed for the deal to proceed as planned.

Carnival Cruise Line is the world’s largest cruise ship operator with ten cruise lines that own over 100 ships that visit over 169 ports world wide, an ever expanding universe of connections. The lines include Carnival Cruise Lines, Holland America Line, Princess Cruises and Seabourn. Carnival and sister ship line Costa each dock at the La Romana port. Construction begins in 2012 and the first cruise ship arrival is scheduled for summer 2014.

Carnival will build and operate the cruise terminal and is expected to have complete control over the ship scheduling, passengers and arrival area. Parking and facilities for the taxis and tour buses will be provided under the terms and procedures set forth by Carnival to maintain an efficient cruise ship port operation. This development is expected to be a significant financial boost for the Puerto Plata region with the construction itself generating numerous jobs that later will be supplanted by new jobs generated to service the ships and visiting passengers.

The port will be prepared to receive two ships with around 2,000 passengers and 500 crew members each at the same time.
Re/Max Coral Bay currently sees a window of opportunity for securing high value low cost properties before natural market forces drive prices higher. Now is the time to look at properties to suit a variety of retirement, second home, and rental investment need and this opportune timing is made even more appealing by the recent expansion of the best gated new villa complex on the north coast, only 15 minutes east of the Puerto Plata airport and located between the two charming towns of Cabarete and Sosua.

For a “Catalogue of Homes” or a copy of “The DR Welcome Guide” contact Arthur or Sally. We will be happy to schedule an appointment for you to find your piece of paradise while it is still so amazingly affordable. Contact us today.

At ground level there is a private one bedroom studio apartment. The second level has another 2 bedrooms each with ensuite baths, open living, dining and kitchen area. A large terrace overlooks the grounds and pool.

When the current owner of this 19 room hotel was looking for the best location to build his next property, he discovered the perfect spot in downtown Sosua. Situated just across from a brand new park and only a short walk from Sosua beach and all the local amenities, this really is a great investment property for anyone looking to go into the hotel business.

The hotel has 19 bedrooms (many of which have cooking facilities), 25 bathrooms, swimming pool, cafeteria and all the other amenities you would expect from a small hotel.

This classical estate home features over 4,800 square feet of luxurious living space with 4 bedrooms and 4 baths in the main living area plus a maids quarters with an additional bedroom and bath. It is located in a first class community with many attractive amenities, such as tennis, equestrian center and beach club. Check our main website at Remax Dominican Republic real estate for more properties for sale in Cabarete and across the Dominican Republic.

Located in Cabarete on the north coast of the Dominican Republic, this condo is within one of the best project with outstanding on-site amenities such as private beach, Gold’s Gym, International Sanctuary day spa, beach side restaurant (a la carte), children’s aqua park, adult pool area, tennis court and on-site management program

The north coast of the Dominican Republic (the “DR”) is of course a strong residency market for expatriates, a place to spend several weeks or months a year out of the cold. As such many buyer lean towards a villa purchase rather than condo as they prefer the individual residency model they are so familiar with in North America or Europe.In the Cabarete/Sosua real estate market, we are seeing this trend accelerate around “Privacy Concept” villas.

Many buyers find that building a villa in a non-gated community doesn’t suit their need to lock the door and return to their home country for a few months after winter is over, so they tend towards high quality, gated villa developments that offer the full range of villa management and rental services. That practical phenomenon now has an added dimension of privacy that is receiving great attention and proving to be one of the most successful new approaches in this area.

Take for example this extremely well managed development between Cabarete and Sosua. European ownership and project management, high quality building materials including energy saving designs, complete package purchase with lot, villa, pool and landscaping all included and yet with a strong eye to individual home owner privacy.

This respect for the home owner sanctuary comes in two versions, both affordable and appealing on many levels. The “Ultima” is the top of the line 4 or 6 bedroom villa for less than 400K incorporating living areas both outdoor and indoor merged into one open life style design ideal for entertaining or for just living the tropical second home experience you’ve dreamed of owning:

Now, here is the same idea played out on a smaller, more affordable scale, the “Tranquila” or as I call it, “Son of Ultima.” Same concept of bedrooms and living areas surrounding the pool with landscaping filling in the open end of the U-shaped open-ended courtyard. Same high grade building materials and project oversight.

The aim of creating an enclosed, personal experience for homeowners and yet situating that within a gated community with all the appropriate services represents the best of both worlds and is a winning combination. Add to that the developer’s rental guarantee for two years, rent free villa usage while your home is being built, and free shuttle service to town and beaches a half mile away then you have an amazing package that simply can’t be beat.

ContactArthur and Sally for both the “DR Welcome Guide” and the “Info Package” for this outstanding north coast project now in its 14th year of success. There are also many other villa designs and the developer has an in-house architect so modifications to your exact needs are easily managed. This is the complete package; come and see! Also, ask us about the developer’s “Try it, Buy it, Free Airfare” super discounted rental packages.

This new Sosua villa offers a spacious and comfortable floor plan with living room opening to a large terrace and beautiful Infinity pool.
Light and sunny modern kitchen fully equiped. The upper floor is the masterpiece of this villa… oversized master suite opening to a very large terrace, large dressing room and master bathroom… A very luxurious atmosphere. Visit our main website at Remax Dominican Republic real estate for more property listings on the north coast of the Dominican Republic.

If you want a Stunning Ocean View from a truly impressive, fully furnished beachfront condo, this is it. For the discerning taste this residence is safe, quiet, convenient, and ultra-nice. In Sosua but out of the noise, this one is convenient with class. For more property options, visit our main website at Remax Dominican Republic real estate.

Incredible view in this established, residential beachfront complex. A classic in Cabarete real estate, this building exacted to true earthquake standards has been thoroughly re-modeled and retains its status as one of the more desirable places to live in this area. Gated complex, semi-private beach, really a great buy at this price. For more great opportunities on the north coast of the Dominican Republic, visit our main website at Remax Dominican Republic real estate.

If watching the sun rise and set over the vast blue ocean is your priority, this condo is your dream home. Ocean front with 1722 sq. ft this expansive 2 bedroom/2 bath Cabarete condominium has lots more to offer too! The end unit in a low density development it has a large open living area and modern Italian kitchen, granite counter tops, stainless steel appliances and teakwood furniture. From more property listings visit our main website at Remax Dominican Republic real estate.

A fantastic villa nestled into the mountain with an Ocean view and surrounded by natural beauty. More than 5,000 m2; truly a real reservation of flora and fauna. The villa was designed specifically to focus on the countryside and the Ocean from every bedroom, living room, dining room, kitchen and terrace. From the Master you have a magnificent Ocean view. Nice Pool. Enough space for a separate Building. Visit our main website at Remax Dominican Republic real estate for more property listings in the area.

If you are looking for ocean front condo with spectacular views, a private home feel, but the carefree living of a condo – look no further. This quality built, spacious condo is ready to move in with top of the line furnishings and everything you need right down to the dishes, linens and ice cream maker!. The high ceilings and large windows provide dramatic views from all living areas as well as the spacious wrap around terrace. No expense has been spared when building these condos complete with mahogany woodwork, granite counters, stainless steel appliances (including 6 burner stove) and imported tiles. For more real estate in Cabarete visit our main website at Remax Dominican Republic real estate.